Workday Pro Record-to-Report (R2R) Certification : Workday-Record-to-Report

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Workday Workday-Record-to-Report Exam Syllabus Topics:

Workday Pro Record-to-Report (R2R) Certification Sample Questions:

1. What is the term for a financial account held at a bank or other financial institution?

A) Ledger Account
B) Bank Account
C) Cash Pool
D) Settlement Account

2. What would you use to review and reconcile the intercompany balances between two companies?

A) Bank Statement report
B) Intercompany Work Area report
C) Supplier Activity Summary report
D) Customer Activity Summary report

3. Refer to the following scenario to answer the question below.
A company created a journal sequence generator rule, assigned the rule to the company, selected to create ID generators, opened accounting periods, and posted journals to the current ledger year. Next, the company added a condition to the journal sequence generator rule.
When is the soonest the new condition would be included on the company's journals?

A) Before they close the current ledger year.
B) After they close all periods in the current ledger year and selects to reassign ID generators.
C) In the next ledger year, assuming no journals are posted AND they delete the unused ID generators before activating the updated journal sequence rule.
D) The new condition can never be included on their journals.

4. An accountant is creating an on-behalf-of intercompany transaction using a manual journal. When selecting the line company, the user notices that a company is missing from the list.
What configuration should they look at to allow for this transaction between the two companies?

A) Intercompany Receivables Account Posting Rule
B) Intercompany Payables Account Posting Rule
C) Maintain Companies as Customers or Suppliers
D) Intercompany Profiles

5. Refer to the following scenario to answer the question below.
A company rents multiple office buildings around the country, and books rent expense for all buildings to the same ledger account and cost center. Multiple cost centers use office space in each building. The company wants to allocate costs from ledger account 6100: Facilities and cost center 34000: Facilities to cost centers 71000, 72000, and 73000, based on the square footage of those three cost centers.
When configuring the target for your allocation definition, which section should you map the cost centers from?

A) Source
B) Target
C) Offset
D) Basis

Solutions: